Professional
Added to YB: 2024-11-20
Pitch date: 2024-10-31
CLAR [bullish]
Clarus Corporation
-17.71%
current return
Author Info
No bio for this author
Company Info
Clarus Corporation designs, develops, manufactures, and distributes outdoor equipment and lifestyle products in the United States, Australia, China, Austria, and internationally.
Market Cap
$122.1M
Pitch Price
$4.11
Price Target
15.00 (+344%)
Dividend
3.14%
EV/EBITDA
-36.35
P/E
-1.35
EV/Sales
0.43
Sector
Leisure Products
Category
value
Maran Capital Management Portfolio Holding: Clarus Corporation
CLAR: Undervalued at $4/sh vs $10-$15 private value. $2/sh net cash by year-end. EV ~$100M, but brands worth $300-$500M. Recent $175M bullet biz sale. Weak outdoor industry, but strong brands poised for rebound. Asymmetric opportunity with insider buying amid forced selling by funds.
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